Palladium has been rising sharply in the last few trading sessions – in line with our earlier forecast for this instrument.
The price earlier broke the resistance trendline of the daily up channel from May – which was preceded by the breakout of the key round resistance level 1800.00 (top of the impulse wave (i)).
Palladium is expected to rise further toward the next resistance level 1900.00 (expected price for the completion of the active impulse wave (iii)).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies
